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                                                              Understanding the Risks      69



                                            Management Commitment
                                                 and Leadership




                                                Involve Employees



                                               Understand the Risks




                                             Identify Critical Work for
                                             Identify Critical Work for
                                               Controlling the Risks
                                               Controlling the Risks

                                              Establish Performance
                                                    Standards



                                           Maintain Measurement and
                                                Feedback Systems




                                             Reinforce and Implement
                                                 Corrective Action



                                              Improve and Update the
                                                      Process




                            Do Managers Understand the Risks?


                               Members of an expedition climbing to the summit of Mount Everest
                            can reasonably expect their expedition leader to have extensive past climb-
                            ing experience either on Everest or one of the other major Himalayan peaks.
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